AN ANALYSIS ON THE RECONSTRUCTION OF BANK DEBTS OF FINANCIALLY DISTRESSED FIRMS

Öz

Our study is aimed to determine the profile of the firms that successfully restructured their debts in banks. The complexity of the financial distress and the contribution of the bank to the structuring were examined with the financial profile of the 28 firms, 13 of which were successful and 15 of which had failed debt restructuring. It was found that the firms which have ability to provide funding from the banking system and having with relatively high debt level had a high chance of successful debt restructuring in our discrimination model. Our study has reached the findings that the bank's contribution is important in the problematic debt restructuring.

Anahtar Kelimeler

• Financial Distress,Financial Restructuring,Dept Restructuring,Financial Failure

FİNANSAL AÇIDAN SIKINTILI FİRMALARIN BANKALARA OLAN BORÇLARININ YENİDEN YAPILANDIRILMASI ÜZERİNE BİR ANALİZ

Öz

Çalışmamız, bankalardaki sıkıntılı kredi borçlarını başarılı bir şekilde yapılandıran firmaların profilini belirlemeye yöneliktir. 13 adedi başarılı, 15 adedi başarısız borç yapılanması yapmış toplam 28 firmanın, yapılanma öncesi finansal profiliyle, finansal sıkıntının karmaşıklığı ve bankanın yapılanmaya katkısı irdelenmiştir. Oluşturulan diskriminant (ayrıştırma) modelde bankacılık sisteminden fon sağlama yeteneği ve nispeten borç düzeyi yüksek firmaların başarılı borç yapılanması yapma ihtimalinin yüksek olduğu bulunmuştur. Çalışmamız, sıkıntılı borç yapılanmasında bankanın katkısının önemli olduğuna işaret eden bulgulara ulaşmıştır.

Anahtar Kelimeler

• Finansal Sıkıntı,Finansal Yapılandırma,Borç Yapılandırması,Finansal Başarısızlık

Kaynakça

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